Oil & Gas Investment Losses
As the Wall Street Journal noted this morning (‘The Oil Crash is Hitting this Investment Hard’), “the plunge in crude-oil prices is sending shock waves through closed-end funds tracking the energy sector, highlighting how the market turmoil is hitting products popular with ordinary investors seeking to boost returns during the long bull market. Shares of […]
Over-concentration in Oil and Gas Related Securities
Aidikoff, Uhl & Bakhtiari is investigating the over-concentration of investor accounts in the oil and gas sector. On Monday, March 9, 2020 the price of oil made its most significant one day moves since the 1991 Gulf War plummeting by more than 30 percent. As a consequence, investor portfolios that have excessive exposure to the oil and gas industries have sustained unnecessary significant losses.
Concentrated Position Risk Drawing Regulatory Scrutiny
On December 7, 2018, the Financial Industry Regulatory Authority (“FINRA”) issued a comprehensive report (“Report on FINRA Examination Findings”) which “focuses on selected observations from recent examinations that FINRA considers worth highlighting because of their potential significance, frequency, and impact on investors and the markets.” Among the issues discussed in this report were significant concerns […]